This should normalize world fuel prices. Starting next year, the USA will produce a record amount of oil . US Energy Minister Jennifer Granholm said this in an interview for Fox News Sunday. “It's about demand and satisfaction. When Russia invaded Ukraine, global markets lost millions of barrels. As oil is traded globally, we have…
For this, the clouds will be “seeded” with stimulating chemicals. Against abnormal heat Chinese authorities are going to artificially induce rains to preserve the harvest, reports Associated Press. “The authorities will try to increase the amount of precipitation due to cloud seeding – the introduction of special chemicals there, and will also spray agricultural crops…
The sale of currency by the regulator was reduced by four times. This week (from August 15 to 19) net acquisition of currency by the National Bank amounted to $75.4 million. This is the third week during Russia's war in Ukraine when the regulator bought more currency than it sold. In addition, the purchase of…
Banknotes have already been discovered in Odesa, Kyiv and the west of Ukraine. The occupiers gained access to bank vaults and threw old hryvnias that had been taken out of circulation onto the market. This was announced by the co-founder of the Monobank bank, Oleg Horohovskyi, who showed how the withdrawn banknotes look like. These…
Earlier, the Fitch agency announced the rating increase. The rating agency S&P Global Ratings improved its long-term credit rating of Ukraine in foreign currency to CCC+, the forecast is stable. This is stated in a message on the company's website. Previously, the rating of our country was set at the default level of “SD”. The…
Guterres called on the Russian Federation not to disconnect the nuclear power plant from the energy system of Ukraine. UN Head Antonio Guterres on Friday called not to disconnect the Russian-occupied Zaporizhia NPP from Ukraine's power system after Ukraine announced Russia's intentions to do so. “Obviously, electricity from Zaporizhzhia is Ukrainian electricity, and the Ukrainian…
The law applies during hostilities and six months after their end. Volodymyr Zelenskyi supported the decision of the Verkhovna Rada regarding the moratorium on tariff increases for communal services and on August 18 he signed law #2479- IX, which finally approved the current prices for the duration of hostilities and six months after their end.…
According to the version of the investigation, formally “Ukrainian” gas stations continued to work for Russia. The court seized 308 real estate objects belonging to one of the largest networks of gas stations in Ukraine: gas stations, warehouses and land plots, the press service of the Bureau of Economic Security reports. The value of the…
The agency predicts that inflation in Ukraine will accelerate to 30% by the end of the year. International rating agency Fitch Ratings raised the long-term credit rating of Ukraine in foreign currency from the level of “RD” (limited default) to “CC” (probable default). The agency notes that the rating increase became possible after the implementation…
The quorum for the decision was not gathered in two of the three issues. agreed to a two-year deferral of interest payments and repayments on any of its three Eurobond issues, the company said in a statement to the Irish Stock Exchange. According to the statement, the required quorum of more than two-thirds was achieved…